Modern Plant-Based Foods (CSE:MEAT) expands partnership with Carbone Restaurant Group

Modern Foods (MEAT) is developing plant-based pizzas with Carbone Restaurant GroupCarbone Restaurant Group (CRG) is the leading restaurant group and brand incubator behind the FAST FIRED by Carbone pizza chainModern Foods’ subsidiary, Modern Meat, currently supplies alternative meat products to the chain and is working to expand CRG’s plant-based offeringsModern Plant-Based Foods is a Vancouver-based company offering plant-based products, including meat and dairy-free alternatives, soups and vegan snacksModern Plant-Based Foods (MEAT) is down by 3.33 per cent, trading at $0.145 per share

Modern Foods (MEAT) is developing plant-based pizzas with Carbone Restaurant Group.

Carbone Restaurant Group (CRG) is a leading restaurant group and brand incubator with a focus on technological innovation and quick-service concepts, including ghost kitchens.

Modern Foods’ subsidiary, Modern Meat, currently supplies plant-based meat products to CRG’s FAST FIRED by Carbone, a pizza chain known for sustainable, tailored-made pizzas.

FAST FIRED currently offers Modern Meat Crumble on its “Modern Fiesta” plant-based pizza. Modern Meat is also showcased in CRG’s Plantza Pizza venture on various dishes and as a valued supplier. The subsidiary is helping CRG to expand its plant-based offerings.

FAST FIRED by Carbone is actively franchising restaurants across Canada with plans to open up to 100 new franchises over the next several years.

“We have been working with Carbone Restaurant Group on various projects to date and see value in continuing to execute new opportunities with current valued restaurant partners,” said Avtar Dhaliwal, CEO of Modern Plant-Based Foods. “They are a fast-growing company reshaping the restaurant landscape.”

“CRG has assembled multiple plant-based celebrity partnerships that will develop into new ghost kitchen brands, showcasing the modern portfolio of products in a whole new way,” added Benjamin Nasberg, CEO of Carbone Restaurant Group. “We see great value in a partnership with Modern Foods and their plant-based items, as they have a direct synergy with our company.“

Modern Plant-Based Foods is a Vancouver-based company offering plant-based products, including meat and dairy-free alternatives, soups and vegan snacks.

Modern Plant-Based Foods (MEAT) is down by 3.33 per cent, trading at $0.145 per share as of 9:40 am ET.

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